Reliance Gsm Local Mobile Recharge Plans

About Reliance Gsm

Reliance Communications, headquartered in Navi Mumbai, is a part of Anil Dhirubhai Ambani Group (ADAG). The company provides GSM telephony services and integrated (wireless and wireline), convergent (voice, data and video) digital network that covers more than 21,000 cities and towns and over 400,000 villages.

The company also owns and operates the world's largest next generation IP-enabled connectivity infrastructure, comprising of 280,000 kilometers of optic fibre cable in India, USA, Europe, Middle East and the Asia Pacific region. Through its subsidiary, Global Cloud Xchange (GCX), it provides data communications service and serves a diverse customer base including major telecom players, large multinationals and new media companies.

GCX offers services through a global network of subsea cables, landing stations, terrestrial networks, IP network and managed network services platform. The GCX network connects most of the major telecom hubs across including developed markets such as the US and Europe to the key emerging markets in the Middle East and Asia, including India and China.

In November 2015, Reliance announced a merger with Russia’s Sistema Shyam Teleservices (SSTL) which operates under the MTS brand name in India. In September 2016, the company has signed definitive documents with Aircel for merging its wireless business at a deal value estimated to be $5.2 billion. It had also entered into strategic partnership with Reliance Jio to share spectrum in the 800 MHz band across 17 telecom circles.

In May 2015, RCom issued 6.5 per cent coupon bearing dollar bonds, maturing in November 2020, for an aggregate amount of $300 million. These bonds constitute around 4 per cent of the total debt of the company that would be repaid on November 6, 2020.